GlobalData offers a comprehensive analysis of Harbin Bank, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Harbin Bank‘s ESG performance. GlobalData’s company profile on Harbin Bank offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

Harbin Bank, a Chinese commercial bank, has published its 2022 ESG report, emphasizing its strong commitment to sustainable practices and a low-carbon approach. The bank is committed to promoting green finance, new infrastructure, and technological innovation, aiming to support the economy and society's green and sustainable transformation. Harbin Bank's latest filings mentioned the keywords 'Carbon' and 'Green Finance' most number of times in relation to 'Climate Change'.

According to the report, Harbin Bank's total greenhouse gas emissions (Scope 1 and Scope 2) for the reporting period were 3,827.65 tonnes of CO2e, with direct emissions (Scope 1) of 110.47 tonnes of CO2e and indirect emissions (Scope 2) of 3,717.18 tonnes of CO2e. The bank has also disclosed its resource consumption, including office paper, electricity, water, natural gas, gasoline, and diesel. Based on the company's CSR report for 2022, there was a notable reduction in electricity consumption, which decreased by 564,480 kWh or 8%. Water consumption also saw a significant decrease of 6,410 tonnes or 20.3%, and natural gas consumption decreased by 22,732 m3 or 45.32%.

To achieve its low-carbon goals, Harbin Bank has implemented practises to promote environmentally preferable products and services when selecting suppliers, and monitors their implementation. The bank has also participated in green charity activities, such as outdoor painting and popularisation of garbage classification knowledge, to promote resource conservation and recycling. Additionally, the bank has invested in digital platforms and mobile terminals to realise a "Paperless Office" and reduce carbon emissions.

In conclusion, In conclusion, Harbin Bank's 2022 ESG report demonstrates a strong commitment to sustainability and a low-carbon approach. The bank's emphasis on green finance, technological innovation, and eco-friendly practices showcases its dedication to contributing to a greener economy and society. With a notable reduction in resource consumption and greenhouse gas emissions, Harbin Bank sets an example for responsible environmental management. Its investment in digital solutions further reinforces its commitment to reducing carbon emissions and promoting a sustainable future.

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